Quarterly revenues (in $1,000,000s)for a national restaurant chain for a five-year period were as follows:
a.Solve for the forecast equation that minimizes the sum of squared error.
b.Forecast the four quarters of Year 6.

Question

Quarterly revenues (in $1,000,000s)for a national restaurant chain for a five-year period were as follows:  ​ 
a.Solve for the forecast equation that minimizes the sum of squared error.
b.Forecast the four quarters of Year 6.

Quizplus · Accepted Answer

The Answer of Quarterly revenues (in $1,000,000s)for a national restaurant chain for a five-year period were as follows:  ​ 
a.Solve for the forecast equation that minimizes the sum of squared error.
b.Forecast the four quarters of Year 6.

Quarterly Revenues (In $1,000,000s)for a National Restaurant Chain for a Five-Year